Summary
VANDERMARLIERE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €185k and a net result of €138k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 1475 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
6 d early
2022
4 d early
2021
18 d early
2020
10 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€185k▲ 11.1%
2024 · €166k
2018: €80k
2019: €97k
2020: €98k
2021: €118k
2022: €133k
2023: €149k
2024: €166k
2018 → 2025
Net result
€138k▲ 13.4%
2024 · €122k
2018: €95k
2019: €92k
2020: €101k
2021: €70k
2022: €15k
2023: €81k
2024: €122k
2018 → 2025
Total assets
€321k▲ 9.2%
2024 · €294k
2018: €196k
2019: €288k
2020: €228k
2021: €192k
2022: €204k
2023: €248k
2024: €294k
2018 → 2025
Solvency
57.6%▲ 1.0pp
2024 · 56.6%
2018: 40.8%
2019: 33.7%
2020: 43.1%
2021: 61.7%
2022: 65.3%
2023: 60.3%
2024: 56.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€133k▲ 12.7%€149k▲ 12.0%€166k▲ 11.4%€185k▲ 11.1%
Operating result€77k-€19k▼ 75.0%€84k▲ 338%€127k▲ 50.3%€144k▲ 13.7%
Net result€70k-€15k▼ 78.5%€81k▲ 438%€122k▲ 50.6%€138k▲ 13.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €321k
Fixed assets
€3k ▼ 15.6%
Current assets
€318k ▲ 9.5%
Equity and liabilities €321k
Equity
€185k ▲ 11.1%
Debt
€136k ▲ 6.8%
Debt's share of the balance-sheet total falls from 43.4% to 42.4%. Equity and debt are higher.
Key figures and ratios
ROE
74.9%▲
2024 · 73.3%
ROA
43.1%▲
2024 · 41.5%
Debt ≤ 1 year
€136k▲
2024 · €124k
Income taxes
€8k▲
2024 · €7k
Staff costs
€46k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€294k€321k▲
Fixed assets21/28€4k€3k▼
Intangible fixed assets21€474€416▼
Tangible fixed assets22/27€3k€2k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€175€175=
Current assets29/58€291k€318k▲
Amounts receivable within one year40/41€243k€274k▲
Trade receivables40€33k€62k▲
Other amounts receivable41€211k€212k▲
Cash at bank and in hand54/58€46k€41k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€294k€321k▲
Equity10/15€166k€185k▲
Contributions10/11€8k€8k=
Reserves13€159k€177k▲
Distributable reserves133€159k€177k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€128k€136k▲
Amounts payable within one year42/48€124k€136k▲
Financial debts43€4k€4k▲
Credit institutions430/8€4k€0▼
Other loans439-€4k
Trade debts44€3k€970▼
Suppliers440/4€3k€970▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€0€66▲
Remuneration and social security454/9€11k€11k▲
Other amounts payable47/48€105k€120k▲
Accrued charges and deferred income492/3€4k€14▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€53k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€554€554=
Other operating charges640/8€723€795▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€181k€195k▲
Operating profit (loss)9901€127k€144k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€129k€146k▲
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€122k€138k▲
Profit (loss) for the period to be appropriated9905€122k€138k▲
Appropriation of the result
Profit (loss) to be appropriated9906€122k€138k▲
Transfer to equity691/2€17k€18k▲
To other reserves6921€17k€18k▲
Profit to be distributed694/7€105k€120k▲
Directors or managers695€105k€120k▲
Social balance
Average headcount (FTE)90871.21.7▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €138k ▲13.4%
Operating result €144k, net result €138k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €150kEq €166k ▲11.4%
7 profitable years in a row build equity to €166k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €15k ▼78.5%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €100kEq €118k ▲20.3%
4 profitable years in a row build equity to €118k.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Comines-Warneton · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stationstraat(KOM) 67780 Comines-WarnetonGround area
200 m²
Building footprint
62 m²
Volume, LiDAR
708 m³
Parcel 54002C0492/00F005, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VANDERMARLIERE
since 20032.132.369.410
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54002C0492/00F005 | Wallonia | 200 m² | 1 · 62 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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HYPOCONNECT
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BOON & HEYNINCK
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Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,834 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.